Short Interest in Leon’s Furniture Limited (OTCMKTS:LEFUF) Drops By 12.9%

Leon’s Furniture Limited (OTCMKTS:LEFUFGet Rating) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totalling 11,500 shares, a decline of 12.9% from the August 15th total of 13,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 115.0 days.

Analysts Set New Price Targets

Separately, BMO Capital Markets upped their target price on shares of Leon’s Furniture from C$20.00 to C$22.00 in a research report on Thursday, August 11th.

Leon’s Furniture Price Performance

LEFUF opened at $12.93 on Monday. The firm has a 50 day simple moving average of $13.05 and a 200 day simple moving average of $14.23. Leon’s Furniture has a fifty-two week low of $11.48 and a fifty-two week high of $21.51.

About Leon’s Furniture

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Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. The company also operates as a commercial retailer of appliances to builders, developers, renovators, hotels, and property management companies.

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